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Oklahoma Department of Commerce www.okcommerce.gov/data
Policy, Research & Economic Analysis
Oklahoma’s Economic Snapshot
September 2012
Employment
 August preliminary data reports OK payroll employment grew by a very robust 10,400 jobs, increasing the 2012 job count to 33,100.
 With this gain, OK has now exceeded the state’s payroll employment high before the recession by over 3,000 jobs. OK is one of only 4 states to surpass pre-recession highs and claim full job recovery.
 OK’s 2.9% growth rate over the past 12 months returns OK to a #2 ranking among states (Only ND is better).
 OK’s preliminary unemployment rate for August inched slightly upward to
5.1%, but is still in the range of natural employment so should be considered a healthy indicator.
 In manufacturing payroll, OK has remained stable over the past several months. At a 5.9% growth rate over the year, OK ranks #2 among states.
Median Household Income (Census, CPS data)
The Census released data from the Annual Social and Economic Supplement to the Current Population Survey which is the source of the official annual report on the topics of income and poverty. Oklahoma’s 2011 median household income of $48,455 was a 9.0% increase over 2010’s level and ranked the state #1 in growth. At a time when the nation’s median household income dropped 1.5%, Oklahoma led the minority of 21 states that had positive growth. Further, OK was one of only 6 states with a median household income higher than the pre-recession 2007 level.

Oklahoma Department of Commerce www.okcommerce.gov/data
Policy, Research & Economic Analysis
Oklahoma’s Economic Snapshot
September 2012
Employment
 August preliminary data reports OK payroll employment grew by a very robust 10,400 jobs, increasing the 2012 job count to 33,100.
 With this gain, OK has now exceeded the state’s payroll employment high before the recession by over 3,000 jobs. OK is one of only 4 states to surpass pre-recession highs and claim full job recovery.
 OK’s 2.9% growth rate over the past 12 months returns OK to a #2 ranking among states (Only ND is better).
 OK’s preliminary unemployment rate for August inched slightly upward to
5.1%, but is still in the range of natural employment so should be considered a healthy indicator.
 In manufacturing payroll, OK has remained stable over the past several months. At a 5.9% growth rate over the year, OK ranks #2 among states.
Median Household Income (Census, CPS data)
The Census released data from the Annual Social and Economic Supplement to the Current Population Survey which is the source of the official annual report on the topics of income and poverty. Oklahoma’s 2011 median household income of $48,455 was a 9.0% increase over 2010’s level and ranked the state #1 in growth. At a time when the nation’s median household income dropped 1.5%, Oklahoma led the minority of 21 states that had positive growth. Further, OK was one of only 6 states with a median household income higher than the pre-recession 2007 level.